MDN’s Energy Stories of Interest: Wed, Nov 12, 2025 [FREE ACCESS]
OTHER U.S. REGIONS: Glenfarne, Baker Hughes announce agreements to advance Alaska LNG; Venture Global CEO says CP2 capacity could grow to 30 million tpy; Venture Global and Mitsui announce 20-year LNG sales and purchase deal; Greece signs landmark 20-year LNG deal with Venture Global; Massachusetts bill will “empower local climate action” by banning natural gas hookups; New York’s bad energy policies are out of control — time for Trump to take over; Study shows resource scarcity, bureaucracy barriers to natural gas use in CT; Duke Energy five-year capital plan could exceed $100B; NATIONAL: U.S. natural gas settles higher as colder weather arrives; Trump’s EPA ‘leaning into innovation’ instead of overregulation to protect environment; Deloitte puts focus on natural gas in 2026; Former Gov. McAuliffe joins pro-natural gas group as national co-chair; America at 250 needs energy overhaul – ARC is the place to start; INTERNATIONAL: Oil gains as fuel prices surge; Exxon CEO expects long-term role for oil and gas, maybe not as fuel; US urges Europe to stick to oil and gas, not renewables; China could crash the price of oil; IEA backs bullish oil demand growth scenario in tone shift; Climate delusions & gaslighting at COP30; Investors flock back to natural gas as demand soars. Read More “MDN’s Energy Stories of Interest: Wed, Nov 12, 2025 [FREE ACCESS]”
MDN will not publish on Tuesday, Nov. 11, in observance of Veterans Day. We thank our veterans for their service and sacrifice. They pay the price for the rest of us to live in a free society. Without Veterans, the U.S.A. would not exist. We salute you!
Donald Trump once famously said, “We’re gonna win so much. You’re gonna get tired of winning. And you’re going to say, ‘Please, please, it’s too much winning. We can’t take it anymore. Mr. President, it’s too much.’ And I’ll say, ‘No, it isn’t. We have to keep winning. We have to win more!'” He’s keeping his promise to win! However, we’re not tired of winning just yet. 😉 Last Friday, Williams announced that both New York and New Jersey have issued the required federal water permits needed to build the Transco pipeline project called the Northeast Supply Enhancement (NESE). President Trump made a deal (so the rumor goes) with NY Gov. Kathy Hochul, allowing her to continue building a $5 billion offshore wind farm boondoggle in return for building NESE and another project, the Constitution Pipeline (see 
Last week, the Pennsylvania Public Utility Commission (PUC) approved a Tentative Order by a 3-2 vote, proposing a statewide model tariff (tax) to manage the growing impact of large-load customers, such as AI data centers, on the electric grid. The goal is to encourage investment and job growth while protecting existing ratepayers from cost-shifts and ensuring reliability. The PUC failed. The proposed order was passed on a partisan basis, with the three Democrat commissioners voting to make it harder and more expensive for data centers to locate in the Keystone State, potentially jeopardizing $92 billion of investments promised to the state related to data centers (see 
We may finally, after seven long years of torture, have a resolution to the issue of forcing Pennsylvania to join the Regional Greenhouse Gas Initiative (RGGI) carbon tax scheme. The rumors are swirling around Harrisburg that the Democrats (including Governor Josh Shapiro) and Republicans in the state Senate are close to a budget deal. The budget was supposed to be adopted by July 1st. It’s now over four months late, and school districts and government agencies dependent on state funding are hurting. The rumor is that the budget deal includes a provision to dump PA’s participation in RGGI. Lefty environmentalists are having a CO2-emitting cow at the news. 
In April, we told you that Energy Transfer’s (ET) Lake Charles LNG project had landed a new partner to help pay for the project, MidOcean Energy, which will cover 30% of the cost of building the plant (see 
Last week, the Baker Hughes U.S. national rig count gained rigs again after dropping rigs in the prior week. The national count added two rigs, going from 546 to 548. The BH rig count has added rigs in three of the last four weeks. Rigs in the Marcellus/Utica remained the same last week at a combined 37, the same number for six weeks in a row. Pennsylvania remained unchanged at 17 active rigs (six weeks in a row). Ohio was the same at 13 rigs (seven weeks in a row). And West Virginia maintained its 7 rigs, which it has operated since May 30 (24 weeks in a row). There were 23 rigs targeting the Marcellus and 14 targeting the Utica. 
We continue to be delighted with the number of new permits issued to drill shale wells in the Marcellus/Utica. Three weeks ago, that number soared to 37. Two weeks ago, it increased to 39. And last week the number remained high, down just two, back to 37 once again. Wow! We haven’t seen a sustained trend of high permit numbers like this in many moons. Pennsylvania issued 13 new permits last week, down from 23 the prior week. Ohio issued 8 new permits, down from 11 the prior week. It was West Virginia that was the breakout star, issuing 16 new permits, up from issuing 5 the preceding week. 
Ascent Resources, founded as American Energy Partners by Aubrey McClendon, a gas industry legend, is a privately held company that focuses 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohio’s largest natural gas producer and one of the largest natural gas producers in the U.S. The company issued its third quarter 2025 update yesterday. Net production for the quarter averaged 2,247 MMcfe/d (2.25 Bcfe/d), consisting of 1,900 MMcf/d of natural gas, 16,130 bbls/d of oil, and 41,652 bbls/d of natural gas liquids (NGLs), putting liquids at 15% of the overall production mix for the quarter. 
The mystery may have been solved by MDN… In September 2022, the Delaware River Basin Commission (DRBC) voted to extend a permit to build a special LNG export dock along the shoreline of the Delaware River in New Jersey by an extra three years (see 
Bluegrass Power Generation has proposed an 800-megawatt, $2.5 to $3 billion natural gas-fired electric generation facility in Fayette County, Ohio, pending approval from the Ohio Power Siting Board. The plant is designed to operate “behind-the-meter,” exclusively supplying power to dedicated nearby third-party facilities, like the L-H Battery Company (Honda/LG Energy Solution), for at least 30 years, disconnected from the main power grid. The project is expected to create 500 construction jobs and 30 permanent operational positions, generating significant tax revenue and strengthening Ohio’s high-tech infrastructure to support future industrial growth. Construction is currently slated to begin in February 2026. 
Mon Power and Potomac Edison are local utilities and subsidiaries of FirstEnergy Corp. The two companies recently submitted an Integrated Resource Plan (IRP) to the West Virginia Public Service Commission, outlining how they will continue to deliver reliable, cost-effective power to West Virginia homes and businesses over the next decade (see 
We are SO tired of activist judges appointed by Obama/Biden ruling against the will of the majority (and against the Constitution). It just happened again earlier this week. Before leaving office, the Biden Department of Energy (DOE) implemented new regulations that essentially ban gas-fired furnaces and water heaters (see